Policy News Zions Bank president and CEO elected to lead nationâs banking industry The American Bankers Association elected A. Scott Anderson as its chair for the 2021-2022 association year. The election took place during ABAâs annual convention held in Tampa, Fla. Anderson is the president and CEO of Zions Bank headquartered in Salt Lake City. The bankâs 122 locations offer customers a range of financial products ranging from mortgage options to Private and Executive Banking services, in addition to online and mobile banking, across Utah, Idaho and Wyoming. âBanks are tremendously important to their customers and communities, and Iâm grateful for the opportunity to represent our industry as we navigate critical challenges in the year ahead,â said Anderson. âI look forward to working with my colleagues across the country to make sure banks of all sizes can continue to support the nationâs recovery from the pandemic and drive economic growth.â (Read More) Utahns for Carbon Dividends send letter to Utahâs Congressional delegation Utahns for Carbon Dividends coalition recently sent a letter to the entire Utah congressional delegation. The letter encourages Utahâs congressional leaders to lead and advance the market-based climate solution known as the Baker-Shultz Carbon Dividends Plan. The Utahns for Carbon Dividends coalition is co-chaired by Zions Bank president and CEO Scott Anderson and Larry H. Miller Group of Companies board member Greg Miller. See a complete list of co-chairs and supporters here. This bipartisan plan has earned support from major U.S. companies, top environmental organizations, thousands of economists, conservatives and younger voters. It would cut U.S. emissions in half while unlocking innovation, simplifying regulations and growing the economy. (Read More) Rep. Owens continues push to protect Americansâ financial privacy Today, Rep. Burgess Owens (UT-04) and over 200 colleagues sent a letter to Treasury Secretary Yellen reasserting concerns with the Administrationâs proposal to expand the data collected on Americansâ bank accounts. âThe push to expand IRS data collection shows just how out-of-touch the White House and Congressional Democrats are with everyday Americans,â said Rep. Owens. âUtahns in the Fourth District are appalled by this textbook government overreach, and Iâm proud to take their concerns straight to Treasury Secretary Yellen.â (Read More) Owens co-signs letter to President Biden regarding supply chain crisis Today, Rep. Burgess Owens (UT-04) and 160 Republican members of Congress sent a letter to President Biden, urging him to immediately reconsider radical partisan policies that are quickly eroding the U.S. supply chain. The letter was led by Transportation and Infrastructure Committee Ranking Member Sam Graves (MO-06) and Natural Resources Ranking Member Bruce Westerman (AR-04). In the letter, the members write: âThe current supply chain crisis exposes how close to its limit our transportation system operates. We must address the global supply chain and ports crisis before Congress even considers additional social spending and taxation legislation. Our priority right now should be strengthening our Nationâs economy and increasing our global competitiveness.â (Read More) Sen. Lee advocates UK trade deal Sen. Mike Lee (R-UT) today asked that the Senate pass his resolution supporting a free trade agreement between the United States and the United Kingdom. This is a continuation of Leeâs now multi-year advocacy for a free trade deal between the countries. Such an agreement would be beneficial to both nations and to Utah specifically. The United Kingdom is Utahâs largest export market with more than $9 billion of exports leaving Utah for the UK in 2019. Almost 11,000 Utahns are employed by UK subsidiaries, and nearly 40,000 Utah jobs are supported by Utahâs export relationship with Britain. Of the resolution, Sen. Lee said, âFor more than a hundred years, throughout times of change, tumult, and uncertainty, our partnership with the United Kingdom â the âspecial relationshipâ â has been constant. The U.K. has been our staunchest and most loyal ally. The American and British peoples have the opportunity to once again join forces and emerge from the challenges we face today stronger than ever â for the benefit of our countries, and nations across the globe.â (Read/Watch More) |